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Strategies & Market Trends : Your Worst Trading Enemy.. You -- Ignore unavailable to you. Want to Upgrade?


To: Northspoon who wrote (17)1/15/2001 6:44:08 PM
From: shawnwolff  Respond to of 223
 
Northspoon brings up some good points.

If our trading system is not reliable, we will not only take hits to our portfolio, but also to our confidence. Fighting the trend, chosing unstable stocks, etc. are mistakes resulting from not having a trading system, or from trading a system that is no longer working. Money can be replaced. It is often much harder to rebuild the confidence. It takes a careful re-evaluation to get your system back on track. Then small, slow, steps to learn to trust yourself and your system again.

It is a fascinating subject you bring up with self-sabotaging your trading. I have seen this before, and a deeper look at some of the issues below the surface really turned the person's trading around, like day and night. I think it is important that we feel productive in our jobs, and that we feel deserving of success.

- Shawn



To: Northspoon who wrote (17)1/15/2001 6:52:09 PM
From: Canuck Dave  Read Replies (1) | Respond to of 223
 
Those are indeed good points, NS.

Let's face it. We contribute nothing real to society except capital gains taxes. The housekeeper is over here right now, and I'm planning another trip to Europe in the spring. There are times I DO feel a little guilty for my lifestyle.

But Italy is soooooo nice, and the art treasures are mind blowingly beautiful. To hell with the cubicle. I did scientific programming. Hell, I did Canada's climate "Policy Runs" on global warming, but it wasn't enough. Needed more out of life.

CD